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Creating Predictable Profit in a Volatile Automotive Market

AutoSuccess

As profit margins tighten, managing profitability has become more crucial than ever. While the broader market may struggle, used car sales have remained steady, providing a significant opportunity for dealerships to focus on areas within their control to drive more predictable profit.

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What will transform the global auto industry

Auto Service World

The global automotive industry is undergoing a significant transformation, with 2025 poised to bring new developments influenced by key events in 2024. These factors, it noted, are shaping the automotive market and pushing the industry towards a more connected and autonomous future. Canada and the U.S.

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COMMENTARY: Key takeaways from the Q1 2025 Automotive Market Report

Auto Remarketing

The first quarter of 2025 opened with a mix of optimism and uncertainty for the automotive industry. Inventory pressures and pricing adjustments Inventory management remained a central concern throughout Q1. Used vehicle day supply also declined by three days, settling at 42 days, though this figure remains within a manageable range.

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CarData, Inc., Velocity Automotive Marketing Acquire Tristar Digital Services

AutoSuccess

in partnership with Velocity Automotive Marketing , announced its expansion intoSouthern Californiathrough the acquisition ofTristar Digital Services. Velocity Automotive Marketing Acquire Tristar Digital Services appeared first on AutoSuccessOnline. CarData, Inc. , The post CarData, Inc.,

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From the Magazine: Under Pressure

Auto Service World

The automotive aftermarket is no stranger to change, but 2025 has brought a perfect storm of economic headwinds that’s testing the resilience of jobbers across Canada. Two themes dominated the responses: buying cheap parts (33 per cent) and poor business management (22 per cent). Diagnostic time is more valuable than installer time.”

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Key Takeaways from the Q1 2025 Automotive Market Report

AutoSuccess

The first quarter of 2025 opened with a mix of optimism and uncertainty for the automotive industry. Inventory Pressures and Pricing Adjustments Inventory management remained a central concern throughout Q1. Used vehicle day supply also declined by three days, settling at 42 days, though this figure remains within a manageable range.

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Team Velocity’s Automotive Leadership Roundtable Tackles Industry Challenges

AutoSuccess

As the automotive industry faces a rapidly changing landscape in 2025, Team Velocity invites industry leaders, innovators and decision-makers to its highly anticipated Automotive Leadership Roundtable (ALR). I’m excited for the insights our panelists will share and the conversations this event will spark.”